On Deck Capital Inc (NYSE:ONDK) has received a consensus recommendation of “Hold” from the nine analysts that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $5.25.

A number of equities research analysts have commented on the company. Zacks Investment Research downgraded On Deck Capital from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Morgan Stanley raised their target price on On Deck Capital from $5.00 to $5.50 and gave the company an “equal weight” rating in a report on Wednesday, February 14th. BTIG Research reissued a “hold” rating on shares of On Deck Capital in a report on Wednesday, February 14th. Finally, Jefferies Group reissued a “hold” rating on shares of On Deck Capital in a report on Wednesday, February 14th.

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Several hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN increased its position in shares of On Deck Capital by 0.6% in the second quarter. Wells Fargo & Company MN now owns 52,386 shares of the credit services provider’s stock valued at $244,000 after buying an additional 300 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of On Deck Capital by 7.8% in the second quarter. The Manufacturers Life Insurance Company now owns 45,293 shares of the credit services provider’s stock valued at $211,000 after buying an additional 3,262 shares in the last quarter. Northern Trust Corp increased its position in shares of On Deck Capital by 1.2% in the second quarter. Northern Trust Corp now owns 508,431 shares of the credit services provider’s stock valued at $2,369,000 after buying an additional 6,047 shares in the last quarter. Voya Investment Management LLC increased its position in shares of On Deck Capital by 28.4% in the second quarter. Voya Investment Management LLC now owns 28,067 shares of the credit services provider’s stock valued at $131,000 after buying an additional 6,202 shares in the last quarter. Finally, Engineers Gate Manager LP increased its position in shares of On Deck Capital by 35.9% in the fourth quarter. Engineers Gate Manager LP now owns 49,042 shares of the credit services provider’s stock valued at $282,000 after buying an additional 12,947 shares in the last quarter. Institutional investors and hedge funds own 66.92% of the company’s stock.

Shares of ONDK stock opened at $5.18 on Wednesday. On Deck Capital has a fifty-two week low of $3.29 and a fifty-two week high of $6.36. The company has a debt-to-equity ratio of 2.60, a current ratio of 25.41 and a quick ratio of 25.41. The company has a market capitalization of $377.54, a price-to-earnings ratio of -32.38 and a beta of 1.58.

On Deck Capital (NYSE:ONDK) last released its earnings results on Tuesday, February 13th. The credit services provider reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. On Deck Capital had a negative return on equity of 4.41% and a negative net margin of 3.29%. The company had revenue of $87.74 million during the quarter, compared to the consensus estimate of $87.48 million. During the same quarter last year, the company earned ($0.50) earnings per share. On Deck Capital’s quarterly revenue was up 7.2% compared to the same quarter last year. equities research analysts expect that On Deck Capital will post 0.09 EPS for the current year.

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On Deck Capital Company Profile

On Deck Capital, Inc offers an online platform for small business lending. The Company’s platform aggregates and analyzes data points from disparate data sources to assess the creditworthiness of small businesses. Small businesses apply for a term loan or line of credit on the Company’s Website, and using its OnDeck Score, the Company makes a funding decision and transfers the funds.

Analyst Recommendations for On Deck Capital (NYSE:ONDK)

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